Inflation drops to 0.6% in Jan
AMSTERDAM: The Dutch rate of inflation fell marginally to 0.6% in January, due to lower prices for home nursing, the...
Pakistan Post collects Rs 187083.62 million through saving accounts, certificates
ISLAMABAD: Pakistan Post collected Rs. 187,083.62 million through Saving Accounts and Saving Certificates during fiscal year 2014-15. The department has...
Telenor sees slowdown in 2016 as profits plunge
OSLO: Norwegian telecoms operator Telenor said here the other day that it expected its earnings to slow this year after...
Romanian investors keen to step in joint ventures with Pak counterparts: Envoy
LAHORE: Romanian Ambassador Emilian Ion has said that Romania wants to strengthen its business, educational and cultural relations with Pakistan...
Malaysia’s trade to grow by 2% in 2016: Mustapa
KUALA LUMPUR: The country's trade is likely to grow by two per cent in 2016 amid the challenging economic environment,...
LCCI welcomes zero-rated sale tax for export-oriented sectors
LAHORE: The Lahore Chamber of Commerce and Industry welcomed the Prime Minister’s initiative of zero-rated sales tax regime for export...
YRC to expand HP tire capacity in Japan
TOKYO: Yokohama Rubber Co. Ltd. plans to increase capacity for high-performance, larger-rim diameter tires at its plant in Shinshiro by...
Amundi 4Q inflows hit $16bn as profit slips
PARIS: Amundi SA, France’s largest fund manager, said it had 14.1 billion euros (US$16 billion) of net inflows in the...
Taiwan’s economy deteriorating: Ifo
TAIPEI: Taiwan’s economy is deteriorating this quarter compared with last quarter, as private investment and consumption showed further weakness, according...
Pakistan beef export to UAE rises by 24 percent
ISLAMABAD: The export of beef to United Arab Emirates (UAE) has reached US $ 43.61 million during 2014-15, registering 24...
Lankan stocks end lower on global woes, rising rates
COLOMBO: Sri Lankan shares edged down for the fifth straight session yesterday to close at a more than three-week low,...
INKA gets loan to export railway cars
JAKARTA: The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, has signed a loan agreement with state-owned train...
Qatar’s private consumption to increase on stable spending: QNB report
DOHA: Qatar’s investments as a share of its gross domestic product (GDP) rose to 39.6 percent in Q2 2015 from...
NAB arrests ex-DHA City project director in Rs 16b land scam
LAHORE: National Accountability Bureau (NAB) has arrested former project director of DHA City for his alleged involvement in Rs 16...
Kuwait inflation eases to 3.0% in December
KUWAIT: Inflation in consumer prices eased for the third consecutive month in December as price growth in most major components...
HK Customs seizes drugs worth HK$10m in New Year haul
HONG KONG: Nearly HK$10 million-worth of illegal drugs have been seized in a Lunar New Year crackdown by Hong Kong...
Azerbaijan bans import of livestock from Georgia
BAKU: Azerbaijan has temporarily banned imports of livestock and animal products from several regions of Georgia due to the fact...
South Korea’s exports to Iran rise to $4.14 bln in 2014
SEOUL: The South Korean government has promised to provide financial support to companies willing to invest in Iran which is...
PM announces zero-rated tax regime for export sector from July 1
ISLAMABAD: Prime Minister Nawaz Sharif has accepted the business leaders’ proposal of zero-rated sales tax regime for export sector and...
Germany posts ‘solid’ growth at 2015 end
FRANKFURT: Robust domestic demand enabled the German economy, Europe's biggest, to shrug off external headwinds and notch up "solid and...
